Asked by K H lim
My BTO flat is completing soon. How early can I start selling my present flat?
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5 Answers
Hi K H,
You will need to work out your finances in details for this. One of my client was notified to collect their keys by HDB for their BTO unit prior to selling their unit and they had to push back the collection of key. You will need to determine if you are able to pay up the remaining portion of your BTO unit (assuming you will be paying in full using the cash proceeds of your sale) in order to take over the unit. If you are unable to do so, you will need to put up your unit for sale as soon as possible but time the completion before you take over the new unit, or probably look at the arrangement of securing a bridging loan to take over keys of your new BTO to kickstart the renovations before you can move over.
My client manages to sell her place and with the OTP on hand, secured a bridging loan to take over the new unit and did her renovations. She has since moved in to the new unit and awaiting completion of her sale next week.
If there is anything I can assist further, please contact me further.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 /+65-92787772
Email: geryl7772@gmail.com
Dynamic Alliance Group @ www.DAG.com.sg
We Sold More Than 100 Landed Homes
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now!
**Aspiring to be your preferred partner in real estate**
Catch our next landed homes sales exhibition in July 2013. Register your interest to attend this function with me now! Read More
You will need to work out your finances in details for this. One of my client was notified to collect their keys by HDB for their BTO unit prior to selling their unit and they had to push back the collection of key. You will need to determine if you are able to pay up the remaining portion of your BTO unit (assuming you will be paying in full using the cash proceeds of your sale) in order to take over the unit. If you are unable to do so, you will need to put up your unit for sale as soon as possible but time the completion before you take over the new unit, or probably look at the arrangement of securing a bridging loan to take over keys of your new BTO to kickstart the renovations before you can move over.
My client manages to sell her place and with the OTP on hand, secured a bridging loan to take over the new unit and did her renovations. She has since moved in to the new unit and awaiting completion of her sale next week.
If there is anything I can assist further, please contact me further.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 /+65-92787772
Email: geryl7772@gmail.com
Dynamic Alliance Group @ www.DAG.com.sg
We Sold More Than 100 Landed Homes
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now!
**Aspiring to be your preferred partner in real estate**
Catch our next landed homes sales exhibition in July 2013. Register your interest to attend this function with me now! Read More
Evening Lim,
The question would be: do you need the proceed from sales to facilitate your purchase? If not, you can do it even after you have collected your keys. But if you do, we need to work closely with your key collection timing.
FYI
Mike Lim
96929209
m52i@yahoo.com
ERA Read More
The question would be: do you need the proceed from sales to facilitate your purchase? If not, you can do it even after you have collected your keys. But if you do, we need to work closely with your key collection timing.
FYI
Mike Lim
96929209
m52i@yahoo.com
ERA Read More
Hi Mr Lim
Pls feel free to contact me should you need any assistance. Cheers!
Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More
Pls feel free to contact me should you need any assistance. Cheers!
Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi Lim,
Like what Mike has mentioned, if you need the sales proceeds to fund for your new flat, then you might have to start selling now.
Feel free to contact me if you have further queries.
Thank you.
Angela Chua
OrangeTee.com Pte Ltd
CEA Reg No: R007702C
H/P: 9323 3330 Read More
Like what Mike has mentioned, if you need the sales proceeds to fund for your new flat, then you might have to start selling now.
Feel free to contact me if you have further queries.
Thank you.
Angela Chua
OrangeTee.com Pte Ltd
CEA Reg No: R007702C
H/P: 9323 3330 Read More
Hi KH
Congratulations in getting your new house to be!!
Timeline management is important in order to have a smooth transition to the new flat.
I can be of further assistance in making sure of that.
Pls feel free to let me know. =)
Regards
Ally Chin
Associate Team Director
Propnex Realty P/L
CEA No. R010439Z
M: 81122213
E: cwsally@yahoo.com Read More
Congratulations in getting your new house to be!!
Timeline management is important in order to have a smooth transition to the new flat.
I can be of further assistance in making sure of that.
Pls feel free to let me know. =)
Regards
Ally Chin
Associate Team Director
Propnex Realty P/L
CEA No. R010439Z
M: 81122213
E: cwsally@yahoo.com Read More